XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 2.814000000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 2.862900000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.922700000 |
| 2nd High | 2.886700000 |
| Next High | 2.862900000 |
| Current Price | 2.840700000 |
| Next Low | 2.814000000 |
| 2nd Low | 2.811000000 |
| 3rd Low | 2.762000000 |
2.862900000 – 2.886700000 – 2.865400000 – 2.814000000 – 2.811000000 – 2.762000000 — 53.87812246431 – 49.721621308701
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –